Uniswap’s Shocking Surge to $5.93: Can Buyers Really Regain Control?

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Hold onto your hats, folks! Uniswap’s price has jumped right back up, much like a late-night infomercial product – it’s back and better than ever! With participation in the derivatives market starting to resemble something other than a ghost town, and whispers of capital finally flowing back into the coin, we might just be entering the very first stage of a long-awaited ‘structural reset’ (a fancy term for “we might be on to something here”).

And it gets juicier! Momentum indicators are finally easing off their grumpy, bearish phase, and now traders are suddenly… wait for it… starting to think things could actually improve short-term! Who would have thought?

Reversal Alert: Is UNI About to Pull Off the Impossible?

Now, let’s take a look at that beautiful 1-hour chart. UNI/USDT has spent the last several days moving lower (someone give it a hug), sliding from the $6.20-$6.40 zone all the way to the $5.40-$5.50 range. How charming, right? We were basically on a tour of Lower Highs-ville. But then… bam! The coin takes a nosedive below $5.40, kicking out all the leveraged long positions. The whole thing screamed ‘liquidity sweep’-whatever that means, but it sounds like a dramatic game show.

But wait! The plot thickens! After the dip, UNI finds a cozy little base pattern, like a toddler finding their favorite blankie. And guess what happens next? A glorious breakout from its compression zone, surging toward $6.00 like a confident person walking into a room full of options. No more hesitations. Buyers are back, ready to reclaim what’s theirs after that liquidation moment.

The shift in open interest is chef’s kiss. OI had been on a steady decline throughout the sell-off, dipping from 186.8M to 180M like it was trying to get cozy with the bears. But once UNI decided to form a nice little bottom, OI started creeping back up, now touching 187M. Could it be? Is the tide turning?

UNI Up 6.27%: DeFi is Back and Better Than Ever

According to BraveNewCoin (yeah, we trust them), Uniswap is currently listed at $5.93, with a market capitalization that sounds too big to be real – $3.7 billion! The 24-hour trading volume? $469.7 million. The activity in the market is picking up like a Netflix binge. With renewed DeFi interest swooping in like an unexpected hero, it’s clear that the downturn wasn’t as permanent as we thought.

UNI is ranking at #43, with a supply of 629,898,491 tokens. Yes, I counted. Well, someone did. But look, despite DeFi markets still being a bit of a mixed bag, UNI’s recent rally is proof that it’s clearly catching the attention of those who were just waiting for a sign.

Momentum Builds: MACD Softens Bearish Pressure

On the daily chart, UNI is sitting comfortably at $6.04, gaining a modest 2.18% as it pulls itself out of the depths of the $5.00 range. Sure, it’s still reeling from its earlier high of $12.30 (that was cute, wasn’t it?), but hey, recovery is a process. We’re all a work in progress.

The MACD might still be negative, but it’s trying to behave. The MACD line sits at -0.224, while the signal line is at -0.154. The histogram is at -0.070, which is like the coin’s attempt at a hopeful emoji. It’s still technically bearish, but that narrowing distance between the MACD and signal line could mean we’re headed toward a glorious bullish crossover. Fingers crossed!

Meanwhile, the Chaikin Money Flow (CMF) still sits at -0.19, reflecting that money is still leaking out of this coin like a leaky faucet. But look on the bright side: it’s slowly moving away from worse negative levels we saw in late November, which is a sign that the buying interest is sneaking back in. Now, for UNI to pull off a proper reversal, it’s going to need CMF to break into positive territory, confirming that the bulls are truly in charge.

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2025-12-03 23:50